|Eco Animal Health Group
||EPS - Basic
||Market Cap (m)
|Pharmaceuticals & Biotechnology
Eco Animal Health Share Discussion Threads
Showing 726 to 748 of 750 messages
|It's encouraging, too, to read today that one (or more?) institutions are buying in at this price, clearly in the confident belief that there's more progress to come.|
|Yet more opportunity for revenue growth. Pound still weak against the dollar so we should see continued gains on dollar sales. And there are many more approvals to come. Should all translate in to the share price pushing towards 600 by May.|
|Yes, and another big market. Looking good.|
|Another marketing approval this morning (Mexico) with 'numerous others' to follow!|
|Welcome to the discussion, nfs. Hopefully you will have read back over past posts and have a good appreciation of the strengths of the company. EDIT -
I've just realised that you said earlier that you had!
I don't think you should be concerned about short term price movements, or lack of them. Just be prepared to be reasonably patient. The company is in an increasingly profitable growth phase, paying out increasing dividends, and is, as Au says, in a very secure position as far as competitors are concerned. It may well be sold out to a bidder in due course at a price well above today's.|
|A new investor from a few weeks ago. Disappointing that the share price didn't go up post results but it's been roaring up in the last 18 months, so I have to accept that I need to wait and watch the company performance improve each reporting period and trust the share price will follow|
|Have just seen your post, Au, and would like to thank for it and the reassurance it gives.
I came to the board thinking I might post a comment along the lines that the interims haven't done anything for the share price (yet anyway) and there you were having said just that!
Never mind. The strong upward trend, which has been going for over 18 months, is clearly still intact.|
|Well the interims didn't set the share price on fore; priced in perhaps...
On a different note, I looked in to the situation regarding patent protection, IP and the ability for Eco to defend any future pressure from generics. This was to address a lingering concern I had about the longevity of Aivlosin and therefore how well protected Eco's ability to sell it at a premium would be in future. The good news is it is very well protected on a number of levels such that we can probably be confident that we have at least 15 years before there could be serious generic pressure eroding margins. Aivlosin is also incredibly difficult to synthesise greatly reducing the likelihood of competition from cheap copies. All-in-all this gives me confidence that so long as efficacy is maintained, there will continue to be significant growth in sales and increased revenue for many years to come.|
|Peel Hunt target price now 575p.
Applying the same first half/second half ratios as last year and rembering that the drop in sterling applied only from late June it seems that the full year should see eps close to 16p. Fab' if it happens.|
|I note a small comment about tariff free trade in the announcement. Looking ahead to trump/brexit impact?|
|Yes, fantastic results.|
|Yes, all round but especially eps up 61% and dividend up 32%.|
|I really appreciate the trouble you have taken in your reply, Au. Thank you.
We'll exchange thoughts after the interims are out, no doubt - next week it now seems.|
|Would be strange if we didn't have interims by end of next week at latest. As for my bet, it's a little complicated but I have set a stop loss at 491 which means if the buy price hits that level my bet automatically closes. So using my £20 a point example I would lose 528-491 x 20 = 740 quid. However this amount of loss isn't guaranteed under circumstances where the share price is very volatile either due to general market volatility or major bad news for the company. If there is a dramatic fall in share price in one day, say £1,then my loss would be 100x 20 = £2000. This is why you have to stump up extra cash to secure you're bet. They call this a slippage factor and it's always higher for AIM shares that aren't particularly liquid. The same bet on BP, Lloyds or Rolls Royce would be much cheaper. In terms of profit you have a choice. You can set a level at which your bet automatically closes and you earn a known amount of profit or you can keep the bet open up to the expiry date. In this situation I would never set a level at which I close the bet with a pre-determined profit because I have absolutely no idea how much upside there could be especially if the company is taken over by a big player. If....and it's a big if, they were taken out at £10 per share whilst my bet is live then the profit would be 1000-538x20 = £9240. My realistic expectation is to make about £2000 but I am risking losing a minimum of £740 which is unlikely but possible. I'd be very surprised if there was a dramatic fall in share price and I lost £1800....but it's a possibility. I also own shares which I will keep for at least 10 years and hopefully will collect nice dividends along the way. I just don't have enough free cash right now to give me the exposure I want hence the spread bet.|
|Interims tomorrow perhaps. Or next week at the latest, surely.
Meanwhile, Au, is the £1800 returned to you if the selling price exceeds 600p? it's not a sunk cost that you have to bear, is it? And is the deal closed (a) the moment the nominated price, 600p in your case, is reached or (b) when the nominated expiry date arrives - whichever is the sooner. On can you run the price on and profit further?
You say there is a risk of 'losing all one's money if the price moves against you', but only if it is below the nominated figure at the nominated closing date surely? In your case 600p by some date in June '17. What happens in between time is irrelevant isn't it? If so, I would have thought your risk level is pretty low.
Anyway, fingers crossed for a good send off on your journey towards 600p. You just may reach it sooner than you dream.|
|The wait for the interims continues. Hopefully the £10 per share take-out deal is delaying matters! Good to dream!|
|Thank you very much, Au, for taking the trouble to explain all that.
Betting in that way doesn't appeal to me. I much prefer to invest in a company.
Nevertheless, as I say, I do appreciate having a better understanding of how it works.
I think a target of at least 600p by next June is very reasonable and so you should do
|Now there's a question! Basically you bet an amount on every 1 pence (referred to as a 1 point) movement in the share price. You can bet on the price increasing (going long) or decreasing (going short). At the point at which you open the bet you incur a cost which is the spread in the share price. For EAH when I took out my bet this spread was 498 (sell price)-528 (buy price). Obviously I bet on an increase in share price so I "bought" at 528. This means I immediately incur a loss as the value of my bet is set at the sell price. Say I bet £20 per point on opening my bet the cost of the spread means I'm instantly £20 x 30 (the spread) down = £600. I need the sale price to increase above 528 to be in profit. Effectively a £20 bet gives you the same exposure as owning 2000 shares. To place the bet you need to stump up a deposit/margin which for a £20 bet is about £1800. This is considerably cheaper than what it would cost to buy 2000 shares at £5 (so-called leverage). The downside however, is that you can quite easily loose all your money if the price moves against you. You can manage this risk by setting a stop-loss; a price at which the bet is closed if it moves against you. My expectation is that by June 2017 the share price should be at least £1 higher than it is today (that's no more than a judgement call!) so if that happens with the £20 bet example, the profit is £2000. You can bet any amount from 50p to thousands of pounds. The higher the bet the higher your initial outlay. Its not for the faint-hearted and I would never bet with more than I could afford to loose because it can all disappear in an instant (unlike owning the shares where there is also the opportunity to hold out for a recovery.|
|How does this work please? What price is anticipated for June 17 (a particular day in June presumably)? Do you pick a price and the odds are based on that? What multiple of the amount bet would be paid out in the event the said price (mid price, bid or offer?) is reached or exceeded?
Anyway, best of luck.|
|Well another day and no interims. Must be tomorrow! I was going to buy more of these but decided to have a spread bet instead in order to leverage what little cash I have at the moment. Have bet on the June 2017 price on the basis that this covers potential upside from the imminent interims and also the finals in May 17. All the pointers are good in terms of sales growth and the constant stream of new approvals in sizeable markets indicates that this growth should continue for several years to come. The icing on the cake would be a deal that sees the company bought at a significant premium to the current value. If that happens whilst my bet is open, I'll be a happy bunny!|
|More good news. Brazil is a huge market so more sales growth to come. Must admit I expected an RNS this am but not this one! Hopefully the interims will reflect more significant upside from increased sales and currency gains.|